News
Debate on no-confidence motion against Minister Gammanpila on July 19, 20
By Saman Indrajith
Party leaders yesterday decided to hold the debate and vote on the no confidence motion against Power and Energy Minister Udaya Gammanpila on 19 and 20 July.
It was decided at the party leaders’ meeting presided by Speaker Mahinda Yapa Abeywardena, at the parliamentary complex that Parliament would meet for four days from today (06) until Friday (09), Secretary General of Parliament Dhammika Dasanayake said.
Accordingly, Parliament will convene today (06) at 10.00 a.m. and from 11.00 a.m. to 4.30 p.m. Accordingly, the Code of Criminal Procedure (Amendment) Bill, Convention against Torture and Other Cruel, Inhuman or Degrading Treatment or Punishment (Amendment) Bill, an Order under the Code of Criminal Procedure (Special Provisions) Act and the revision of salaries and allowances accorded to the Office of the Missing Persons is scheduled to be taken up for debate, Dasanayake said.
The Motion at the Adjournment Time by the government would be taken up for debate from 4.50 p.m. to 5.30 p.m.
Tomorrow ( 07), two Orders under the Export Development Act are scheduled to be taken up for debate and approved. Thereafter, Motion at the Adjournment Time by the Opposition would be taken up for debate from 4.50 p.m. to 5.30 p.m.
The Registration of Electors (Amendment) Bill, General Sir John Kotelawala National Defence University Bill, Regulations under the Immigration and Emigration Act will be taken up for debate on Thursday (8) from 11.00 a.m. to 4.30 p.m. Thereafter, Motion at the Adjournment Time by the Opposition would be taken up for debate from 4.50 p.m. to 5.30 p.m.
Meanwhile, it has been decided to hold the Adjournment Debate on the Annual Report of the Central Bank of Sri Lanka for the year 2020 on Friday (09) from 11.00 am to 5.30 p.m.
During the four days of Parliament, time has been allotted for Questions for Oral answers of the Members of Parliament from 10.00 a.m. to 11.00 a.m. and time has also been allotted for Questions at the Adjournment Time on all three days except on Friday (09) from 4.30 p.m. to 4.50 p.m. for both the Opposition and the ruling party.
Leader of the House Foreign Minister Dinesh Gunawardena, Leader of the Opposition Sajith Premadasa, Minister of Highways and Chief Government Whip Johnston Fernando, Chief Opposition Whip Lakshman Kiriella, Cabinet Ministers Chamal Rajapaksa, Nimal Siripala de Silva and Prof. G.L. Peiris, Douglas Devananda, Dullas Alahapperuma, Wimal Weerawansa, Mahinda Amaraweera, Vasudeva Nanayakkara, M.U. M. Ali Sabry, Prasanna Ranatunga and MPs Anura Kumara Dissanayaka, Ranjith Madduma Bandara, Gayantha Karunatilleka, Rishad Bathiudeen, Field marshal Sarath Fonseka were present at the meeting.
As per the provisions of section 51 of the Public Finance Managaement Act No. 44 of 2024, the public should be issued with a report on the final budgetary situation for each year and, the report is then published in the official website of the Ministry of Finance, Planning and Economic Development.
Thereby the report has to be submitted to the Parliament. The final budgetary situation report (Annual Report) – 2025 has been prepared by the Ministry of Finance, Planning and Economic Development and published. The report contains the Public Finance Policy, strategies and challenges, economic trends in 2025, macro – economic and socio – economic indicators covering all sectors of the economy as well as description on the global economic growth.
Furthermore, it accompanies a detailed description government revenue and expenditure, cash flow management, financing the budget deficit and the loan structure.
Accordingly, the Cabinet of Ministers approved the resolution furnished by the President in his capacity as the Minister of Finance, Planning and Economic Development to submit the Report on the Final Budgetary Condition (Annual Report) – 2025 to Parliament.
Business
Cabinet nod to accept increased Loan Grant provided by the Asian Development Bank under Policy Based Loan Facilities – 2026
Approval of the Cabinet of Ministers was granted at their meeting held on 16.03.2026 to obtain United States Dollars 380 million from the policy – based loan facilities of the Asian Development Bank in the year 2026.
United States Dollars 100 million out of it is allocated for Trade, Investment and Industries Development Programme – Sub Programme 1. However, amidst the economic uncertainty resulting from the current Middle East crisis and the climatic tragedies, the Asian Development Bank has agreed to assist
by increasing a supplementary financing package of United States Dollars 100 million so that it will beMincreased up to United States Dollars 200 million.
Accordingly, the Cabinet of Ministers approved the resolution furnished by the President in his capacity as the Minister of Finance, Planning and Economic Development to take further measures to obtain the said loan grant.
News
Submission of Revenue Protection Order Prepared under the Provisions of the Revenue Protection Act No. 19 of 1962 to the Parliament for its approval.
Approval of the Cabinet of Ministers was given at the meeting held on 23.02.2026 to impose the custom import duty amounts under four (04) categories as 0%, 10%, 20%, and 30% which had been executed only under three (03) categories in order to increase the target export income of the country, to execute the
recommendations of the national customs duty policies committee, and to implement new national sub division customs codes for promoting the local agricultural and industrial sector.
Imposing provisions in relation to the above, the Revenue Protection Order – No. 01/2026 under the Revenue Protection Act No. 19 of 1962 has been published in the extraordinary gazette notification No. 2478/03 of 03.03.2026.
Accordingly, the Cabinet of Ministers approved the resolution furnished by the President in his capacity as the Minister of Finance, Planning and Economic Development to submit the said revenue protection order to Parliament for its concurrence.
Report on the Final Budgetary Condition (Annual Report) – 2025 submited to parliament
Cabinet nod to accept increased Loan Grant provided by the Asian Development Bank under Policy Based Loan Facilities – 2026
Submission of Revenue Protection Order Prepared under the Provisions of the Revenue Protection Act No. 19 of 1962 to the Parliament for its approval.
Resettlement of unauthorized settlers affected by the Land Acquisition process for the implementation of Phase III of the Baseline Road Extension Project
Cabinet approves project to modernize school hostel facilities during the 2026–2028 period at an estimated cost of Rs. 1,008 million
New National Action Plan for Human-Elephant Conflict Management to be drafted
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